BUSINESS

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Chipotle Mexican Grill is taking a bold step by opening its first restaurant in Mexico, marking a significant moment for the American fast food chain and creating considerable debate among consumers.

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Kroger is buying regional grocer and pharmacy retailer Giant Eagle in a deal valued at $1.65 billion. 

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Apple has launched a legal assault on OpenAI. The iPhone maker accuses its former partner of stealing trade secrets to build rival consumer hardware products. The lawsuit was filed Friday in federal court in Northern California.

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The South Korean auto-and-tech giant plans to buy SoftBank Group's remaining 9.65% stake in the U.S. robotics firm for approximately $325 million, according to reporting by South Korea's Maeil Business Newspaper. Hyundai is expected to convene a board meeting on June 22 to formally approve the purchase.

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Google is going nuclear, pouring cash into a German startup, racing to build Europe's first commercial fusion power plant. The tech giant joined a massive $468 million funding round for Munich-based Proxima Fusion which just rocketed to a jaw-dropping $2.7 billion valuation.

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Maserati presented revamped versions of its GranTurismo, GranCabrio, and Grecale models on Thursday. The reveals come ahead of a critical capital markets day in December, which aims to establish a new strategic direction for the struggling Stellantis luxury brand. Last month, Stellantis CEO Antonio Filosa outlined a business plan to reinforce Maserati's position as a "pure luxury brand," which will also include the introduction of two new large-sized vehicles.

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Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business.

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Just days after its record-breaking initial public offering, SpaceX has agreed to acquire the AI coding startup Cursor for $60 billion. Elon Musk’s aerospace firm is taking over Anysphere, the company behind the popular AI coding agent. The acquisition follows SpaceX’s historic debut on the Nasdaq exchange last Friday, which raised $85.7 billion and pushed the company’s valuation past $2 trillion. Following a surge in share price early this week, SpaceX has now surpassed Amazon to become the world’s fifth most valuable company.